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Finance 12/05/2011 Net income of Finans sug’urta reaches 46.353m soums in 2010
Net income of Finans sug’urta reaches 46.353m soums in 2010
Tashkent, Uzbekistan (UzDaily.com) -- Net income of Finans sug’urta open joint stock company made up 46.353 million soums in 2010, the annual report of the insurance company said.

Revenue from insurance services sales made up 1.284 billion soums, while net revenue – 639.337 million soums. The service prime cost reached 333.915 million soums.

Administrative expenses of the company exceeded 238.406 million soums and operational expenses – 17.206 million soums.

Income from general economic activity made up 58.122 million soums. The volume of premiums, handed over to re-insurance, made up 9.206 million soums.

Fixed assets reached 69.44 million soums in 2010. Capital and financial investments exceeded 2.419 billion soums.

The charter capital of Finans sug’urta OJSC made up 3.64 billion soums in 2010. But the company said that it formed charter capital at the level of 1.7 million euros. Insurance reserves made up 7.22 billion soums.

Finans sug’urta OJSC was founded in December 2007. The company renders insurance services, including personal insurance, property insurance, etc. The company holds license of Uzbekistan Finance Ministry, which allows it to work both on voluntary and mandatory insurance market in all 17 classes. The insurance company has 13 branches in all regions of Uzbekistan and Karakalpakstan Republic.

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